Introduction

Grantley W. Walrond and Raj Kumar

Chapter 1 in Options for Developing Countries in Mining Development, 1986, pp 1-8 from Palgrave Macmillan

Abstract: Abstract In a world of decreasing availability of finance generally, and of mining finance in particular, the small, less developed, nation states which pinned a large part of their developmental hopes on the exploitation of their mineral resources have been set a very difficult task of attracting and maintaining that scarce capital in a capital-intensive industry. This is because mining companies as a group have the monopoly of technology and know-how. Naturally, the act of competition among states literally creates an investor’s market where states can be played off, one against the other, while more concessions are won by the investor.

Keywords: Gross Domestic Product; Total Employment; Government Revenue; Mining Sector; Export Earning (search for similar items in EconPapers)
Date: 1986
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DOI: 10.1007/978-1-349-18101-8_1

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